Analytics Team » predictive analytics

Google announces BigQuery and Prediction API

Wed, 16 Nov 2011 03:50:45 +0000

Also check out the VentureBeat article

HP mines data to predict consumer behavior

Sat, 29 Oct 2011 22:14:23 +0000

Here’s an Information Week article talking about how HP used data mining to predict consumer behavior. The project was completed by HP Labs and HP Global Customer Intelligence.

Trooval to help businesses predict big spenders

Sat, 08 Oct 2011 02:02:39 +0000

Trooval is a San Francisco Bay Area startup helping its customers identify consumers who are likely to spend money and those that won’t. The methods come out of Las Vegas where the Trooval CEO spent 15 years working at Harrah’s Casino. The predictions are facilitated through the cloud and take advantage of publicly available consumer data and the connection is made via API. If it all works out, users of Trooval’s services should see higher overall customer lifetime values.

Check out the Techcrunch article for more.

Hunch data services for recommendations

Fri, 30 Sep 2011 22:28:17 +0000

Hunch has just posted a new page detailing what parts of their service are available via their open API. Their service provides personalized recommendation based on the answers you gave to a series of profile questions. The full Hunch profile is ~2,000 questions.

Hunch intro video, partner insights version from Hunch on Vimeo.

Using text mining to see the future

Sat, 24 Sep 2011 03:35:46 +0000

Zapaday is building a tool that scans over 4,000 sources to identify context indicating some future event. They then organize this information into calendar format. Check out their video:

And if that’s of interest to you, you will also want to check out Recorded Future.

Data Scientist: the hottest job

Sat, 10 Sep 2011 03:47:53 +0000

AOL has a new article on their job board about the Data Scientist, calling the role “the hottest job you haven’t heard of.” While it may be a bit of a buzzword, the idea has been around for a while. Here are a few other references to the term Data Scientist or Data Science…

Data scientist: The hot new gig in tech – Fortune – September 2011
EMC Data Scientist Summit
What is Data Science – O’Reilly Media – June 2010
Rise of the Data Scientist – FlowingData – June 2009

Snapsort raises money to expand product recommendations

Sun, 21 Aug 2011 02:33:47 +0000

Check out this Techcrunch article describing camera recommendation site, Snapsort, and their plans to expand into other verticals thanks to some new investment.

New service tells you when to buy

Wed, 22 Jun 2011 05:59:36 +0000

The travel industry has had these types of services for a while. Kayak.com and others allow you to track the trends of a fare from place to place and then highlights if the price is likely to trend up or down in the future. Now there’s a similar service for electronics devices (cameras, laptops, tvs) called decide.com. In addition to predicting the future price, the service also highlights when new models will be released. Read the techcrunch article.

Overstock.com and Rich Relevance offer $1M

Sat, 14 May 2011 01:37:04 +0000

Overstock.com has partnered with Rich Relevance to offer a $1 million prize for those that can help improve their product recommendations. Here’s the Fast Company article. To find out more about the contest, check out the RecLab Prize site.

Moving from reactive to predictive

Thu, 21 Apr 2011 01:46:00 +0000

The B-Eye Network has a great post on the strategy to move your organization from reactive analytics to predictive analytics. Typically organizations start at one end of the spectrum with basic reporting and then some move to more predictive/real-time capabilities over time.